<<

Miami 2017 An in-depth review of the key issues facing -Dade’s economy featuring the exclusive insights of prominent industry leaders Contents:

75 Transportation: 76 Transportation in numbers

77 Trains, planes and mobile apps: Connectivity in Miami-Dade, both county-wide and beyond, is improving

79 Viewpoint: Ralph Lopez, Vice- President, Miami Hub, American Airlines

80 Interview: Alice Bravo, Director, Miami-Dade Department of Transportation & Public Works

9 Economy: 51 Construction: 85 Trade & Logistics: 10 Economy in numbers 52 Construction in numbers 86 Trade & Logistics in numbers

13 Interview: , Governor, 54 Mixed Market: The market is 88 Go up with the flow: Miami’s State of demanding more commercial location makes it an important buildings, as land and labor costs trade hub 15 Interview: Carlos A. Gimenez, increase 90 Interview: Juan M. Kuryla, Port Mayor, Miami-Dade County 55 Viewpoint: Brad Meltzer, Director & CEO, PortMiami 16 Keys to success: Miami-Dade President, Plaza Construction 94 Interview: Emilio Gonzalez, County is at the heart of one of the Director & CEO, Miami-Dade 57 Interview: Keiran Bowers, most valuable exporting states in Aviation Department President, Swire Properties the U.S. 59 Interview: Edgardo Defortuna, 23 Interview: Jared Davis, Miami President & CEO, Fortune Co-Managing Shareholder, International Group Greenberg Traurig 60 Interview: Albert Milo, Principal & Senior Vice-President, Related Urban Development Group 31 Real Estate: 32 O ffice, industrial and retail real 63 North Miami: estate in numbers 64 A city on the move: New 34 International buyers of real developments are driving positive estate in numbers change for the city

36 Balanced property: Interest from 65 Interview: Smith Joseph, Mayor, foreign markets is revitalizing real City of North Miami estate 67 Interview: Larry Spring Jr., City Manager, City of North Miami & 41 Interview: Matt Allen, Executive Executive Director, North Miami Vice President & Chief Operating Community Redevelopment Officer, the Related Group Agency 42 Interview: Ken Krasnow, 68 Interview: Larry Rice, President, Executive Managing Director, Johnson & Wales University-North Region, Colliers Miami International 69 Rebirth of an agency: The 48 Interview: Gerald Greenspoon, North Miami Community Co-Managing Director, Redevelopment Agency is having a Greenspoon Marder positive impact

www.capitalanalyticsassociates.com | 7 CONTENTS Contents:

95 Infrastructure, Utilities & Environment:

96 Infrastructure, Utilities & Environment in numbers

97 Response and responsibility: Miami-Dade County is focused on growing sustainably

98 Viewpoint: Kerri L. Barsh, Shareholder & Co-Chair, National Environmental Practice, Greenberg Traurig, P.A.

101 Interview: Eric Silagy, President & CEO, Florida Power & Light Company

105 Overtown: 106 Things are cooking in Overtown: New investment spells a return to prosperity for the area Banking & Finance: Health: 108 interview: Keon Hardemon, 115 131 Chairman, Miami City 116 Banking & Finance in numbers 132 Health in numbers Commission & Chairman, SEOPW 118 Cash and competition: A change 133 The healthy option: Miami has CRA Board in Federal interest rates only adds some of the state’s best health 109 Viewpoint: Clarence E. Woods, to the already great potential in facilities Executive Director, SEOPW CRA Miami’s financial sector 134 Viewpoint: Steven Altschuler, 111 Viewpoint: Ola Aluko, CEO & 121 Interview: Manny Perdomo, CEO, The President, St. John Community Perdomo, CEO & President, Health System Development Corporation SunTrust Bank 135 Interview: Ben Riestra, Chief 122 Interview: Joe Atkinson, Administrative Officer, Lennar Regional President of South Foundation Medical Center Florida Region, Wells Fargo 136 Interview: Jeffrey P. Friemark, 125 Interview: Jorge Gonzalez, President & CEO, Miami Jewish President & CEO, City National Health Bank 137 Viewpoint: Jeff Johnson, State 126 Interview: Pablo Pino, Market Director, AARP Florida President, South Florida Commercial TD Bank 138 Interview: Akhil Agrawal, President, American Medical Depot 128 Banking Roundtable: Israel Velasco, Florida Regional 139 Interview: Rachel Sapoznik, Executive, Popular Community President & CEO, Sapoznik Bank Insurance Abel Iglesias, President & CEO, 140 Interview: Michael J. Zinner, Professional Bank M.D., Founding CEO & Executive Calixto Garcia-Velez, Regional Medical Director, Miami Cancer Executive & Executive Vice Institute, part of Baptist Health President, FirstBank South Florida Jay Pelham, President, Total Bank 141 Viewpoint: George Foyo, Chief 130 Interview: Tony Coley, President, Administrative Officer, Baptist South Florida Region, BB&T Health South Florida

8 | Invest: Miami 2017 | CONTENTS Miami 2017

ISBN 978-0-9988966-0-1 145 Education: 167 Arts, Culture General Manager: Abby Melone 146 Education in numbers & Tourism: Chief Financial Ofcer: 147 Cultivated learning: Miami 168 Arts, Culture & Tourism Albert E. Lindenberg educational establishments in numbers Managing Editor: are turning their focus toward Alex Mazonowicz 169 More than just sunshine: technology and innovation to Executive Director: create a skilled workforce Already a thriving tourism hub, Erica V. Knowles Miami is expanding what it has to 148 Interview: Eduardo Padron, Creative Director: President, offer for visitors Nuno Caldeira 149 Interview: Alberto Carvalho, 171 Interview: William D. Talbert III, Contributors: Superintendent, Miami-Dade President & CEO, Greater Miami Lars Larsson Jasmine Whiting County Public Schools Convention & Visitors Bureau Ayla Jean Yackley 151 Interview: Dr. Julio Frenk, 173 Interview: Lisa Lutoff-Perlo, Photographer: President, University of Miami President & CEO, Celebrity Luis Arturo Mora / LAMphotos 152 Interview: Mark Rosenberg, Cruises President, Florida International Invest: Miami is published once a year by Capital University 174 Viewpoint: Franklin Sirmans, Analytics Associates, LLC. For all editorial and advertising questions, please Director, Perez Art Museum of e-mail: [email protected] Miami To order a copy of Invest: Miami 2017, please 155 Miami Gardens: e-mail: [email protected] 175 Viewpoint: Howard Herring, All rights reserved. No part of this publication 156 The growth of opportunity: President, New World Symphony may be reproduced, stored in a retrieval system One of Miami-Dade’s newest or transmitted in any form by any means, with- cities is making the most of its 176 Viewpoint: John Padgett, Chief out the express written consent of the publisher, advantageous location Experience & Innovation Officer, Capital Analytics Associates, LLC. Carnival Corporation Whilst every efort has been made to ensure the 157 Interview: Oliver G. Gilbert, accuracy of the information contained in this Mayor, City of Miami Gardens book, the authors and publisher accept no re- 158 Viewpoint: Cameron D. Benson, sponsibility for any errors it may contain, or for any loss, financial or otherwise, sustained by any City Manager, City of Miami 181 Sports: person using this publication. Gardens 182 Tea m players: Sports in Miami Capital Analytics Associates, LLC accepts no re- 160 Interview: Roslyn Clark Artis, play an equally important role sponsibility for the return of unsolicited manuscripts and/or photographs, and assumes no liability for President, Florida Memorial in people’s lives and the local University products and services advertised herein. Capital economy Analytics Associates, LLC reserves the right to edit, 163 Viewpoint: Monsignor Franklyn rewrite, or refuse material. 187 Interview: Don Shula, Former M. Casale, President, St. Thomas University Head Coach, Miami Dolphins 164 Interview: Jason Barker, 188 Viewpoint: Udonis Haslem, President, ChenMed Team Captain, Miami HEAT

Photo Credits:

Contents: Transportation: Education: pg 5 – Top photo: Sole Mia pg 75 – Large photo: DTPW pg 145, 146 – MDC pg 5 – Bottom photo: Miami Dade College (MDC) pg 75 – Small photo: American Airlines pg 150 – Miami–Dade County Public Schools pg 6 – Top photo: Florida Power & Light Company (FPL) pg 77 – Transportation Trust Miami Gardens: pg 6 – Bottom photo: Overtown CRA pg 155, 156, 166 – Miami Gardens Trade & Logistics: Economy: pg 85 – Large photo: PortMiami : pg 9 – Small photo: Miami Dolphins Art, Culture & Tourism pg 20 – Miami–Dade Department of pg 88 – PortMiami pg 167 – Large photo: SLS Lux Transportation and Public Works (DTPW) pg 92 – Miami International Airport pg 167 – Small photo: DTPW pg 169 – NWS Infrastructure, Utilities & Environment: Real Estate: pg 174 – Perez Art Museum of Miami pg 31 – Large photo: Overtown CRA pg 95, 97 – FPL Sports: pg 36 – Swire Overtown: pg 181 – Large photo: Miami Dolphins pg 44 – Terranova pg 105, 106, 112 – Overtown CRA pg 181 – Small photo: The HEAT Construction: Health: pg 182 – Miami Dolphins pg 51 – Plaza Construction pg 131 – Large photo: UHealth pg 185 – The HEAT pg 54 – Miami Worldcenter pg 131 – Small photo: Miami Cancer Institute North Miami: pg 133, 142 – UHealth pg 63, 64, 71 – North Miami pg 138 – ChenMed

www.capitalanalyticsassociates.com | 9

North Miami:

The revitalized North Miami Community Redevelopment Agency is just one part of the continued efforts to turn the City of North Miami back into an economically vibrant city. Those efforts will pay off with the SoLē Mia mixed-use development, a planned Chinatown and infrastructure development projects all promising to bring new businesses to the area, with dividends that will crucially pay off for the city’s residents.

www.capitalanalyticsassociates.com | 63 A city on the move: With a history that dates back more than 150 years, the City of North Miami has seen turbulent times, but in recent years it has become an attractive prospect for those looking to live and work in South Florida. New construction with important private sector developments are ensuring the city’s growth doesn’t lose momentum

The City of North Miami is located in northeast Small beginnings Miami-Dade County, along the northern reaches of the North Miami’s early history began in the 1890s with a waterfront. It lies 20 miles south of the City small settlement called Arch Creek. Its population con- of Fort Lauderdale and 10 miles north of the City of Miami tinued to grow in the early 20th century aided by Florida and is situated along the I-95 corridor. It takes 30 minutes land projects, and it was eventually incorporated by car to reach Fort Lauderdale and 20 minutes to arrive to as the Town of Miami Shores in 1926. It changed its Miami via I-95 and Biscayne Boulevard. name to the Town of North Miami in 1931. Returning North Miami is also conveniently located close to veterans and young families led to a population boom multiple airports and seaports along the I-95 corridor following World War II, causing a rapid expansion of such as Miami International Airport and PortMiami the town, quickly followed by its municipal services. to the south and Fort Lauderdale-Hollywood Interna- By the early 1950s, the area was one of the fastest tional Airport and to the north. It has growing towns in the county, and to manage the fast easy access to areas for relaxation, entertainment and growth in the area, voters approved the adoption of a tourist and cultural attractions, such as beaches and charter and took on a new name. This led the Florida museums, furthermore, it has a station for the Florida Legislature to enact an official statute on May 27, 1953, East Coast Railway. North Miami is the sixth-largest to change the name of the city to its current iteration city in Miami-Dade and has one of the youngest and and incorporate it as the City of North Miami. To ac- most ethnically diverse populations. commodate the needs of the swelling community,( )

64 | Invest: Miami 2017 | NORTH MIAMI NORTH MIAMI INTERVIEW Open for business How the City of North Miami is attracting commercial interest to create positive growth

Smith Joseph Mayor — City of North Miami

What are the most important aspects of the North Miami comprehensive plan? To me, the single biggest opportunity from the plan is the height increase that we have implemented as part of our North Miami downtown development campaign. The new height restrictions should encour- age more development projects downtown as well as bring more activity to the area. Another aspect of the plan is that we are the first city to take on the leading role in dealing with the threat of rising sea levels. Global warming is a major concern and, as a city government, it is important to take the appropriate steps to address these concerns. As part of community planning and development, we have pol- icies in place for existing construction and programs to pinpoint buildings that may be at risk if we should have any incident of sea-level rise. My vision is to have a city that is resilient and able to withstand any adverse weather or climate change that will cause damages. I’m very proud of the fact that we took the leading role after Miami-Dade County. scholarship opportunities to North Miami residents What are the city’s current strategies to continue to in addition to offering essential consulting services to attract and retain businesses? local firms. These local businesses are part of the fabric Attracting new business or having them join this of our city, so it’s important to look after them. We have community is one our highest priorities. As mayor, I to make sure that they stay in the city and become part started a campaign to bring businesses and tackle unem- of the economic machine. ployment in our city. Our unemployment rate was at 9.8 percent. First, I made sure that the North Miami Com- What would you identify as the biggest areas where munity Redevelopment Agency (NMCRA) was extended. new businesses or investors can get involved? The NMCRA is key in attracting investment into the area, We have several main corridors. The main one is 125th and it will benefit many of the small businesses planning street, heading east to west. West Dixie Highway is to come to North Miami, even offering partial subsidies. an area that I would really like to see developed. We The Solē Mia Local Preference Office (LPO) managed need to attract more investment into these areas, by Garth Solutions will be very important in increasing because there is so much potential, but the city cannot community involvement, not only for residents but also development it alone. We are trying to encourage small businesses. The LPO offers free job training and public-private partnerships.

www.capitalanalyticsassociates.com | 65 NORTH MIAMI OVERVIEW

( ) its first high school, North Miami Senior High Mama mia! School, opened for the 1954 school year. Central to the resurgence of economic development in North Miami are commercial projects that both create On the up jobs and bring value to the area. The $4-billion master According to U.S. Census Bureau estimates from 2015, development, SoLē Mia, is exemplary in this regard. the population of North Miami is 62,435 up 4.7 percent The project, a joint venture between real estate from 2010. The city sits on approximately 8.4 square developers LeFrak and Turnberry Associates, will create miles and has a diverse population, 58.9 percent of 1.5 million square feet of commercial space and 4,390 which are black, non-Hispanic, residences just east of Biscayne 32.6 percent white, non-Hispanic Bay. It is on one of the largest and 27.1 percent Hispanic. Some The SoLē sections of undeveloped land in 49.9 percent of the population is South Florida. also foreign born. Mia project will The local preference require- The city has an average of create residential, ment of the SoLē Mia project 3.3 people in each of its 18,302 mandated a minimum of 10 households, and it currently has commercial and percent of the estimated 14,000 a median household income of short- and long-term jobs to res- $36,537. North Miami continues ofce space idents of North Miami, with an to be a more affordable option as well as job actual target of 25 percent. This to other cities in Miami-Dade, is being achieved with a series of with house prices ranging from opportunities. job fairs held by SoLē Mia Local below $200,000 to more than Preference Office, and as of the $5 million. The city is also well known for its large fourth quarter of 2016, almost a third of all jobs had Haitian-American and Caribbean population. gone to North Miami locals. Once known as “The City of Progress,” North Miami The project started in June 2015 and is expected to is retaking its founding mantle and working toward open in 2018. Once complete SoLē Mia will consist of increased growth through innovative projects and 3,755 residential units, a hotel and 1.5 million square development-friendly municipal regulations. feet of retail, commercial, office and auto sales. The The North Miami Comprehensive Plan, first initiated first residential tower, which will consist of 400 units, in 1989, continues with regular updates, now in will be rental. its 28th year, is working to create and incentivize more business opportunities by rewriting land-use regu- Well-ordered growth lations to attract more restaurants, entertainments From large to small, public works projects con- venues and retail space, as well as allowing for higher tinue in North Miami. Roads and alleyways are density. being resurfaced and seawalls and city-owned lots are

Michael Tillman Managing Director — Lefrak

SoLē Mia is a joint venture between LeFrak and Turnberry Associates. We have developed a fantastic relationship with local authorities in North Miami and we look at them as our partners at SoLē Mia. Mayor Smith Joseph coined the term “the city on the move”, and I think it is a good description of the city. The administration has demonstrated its desire and willingness to update and modernize as seen by their recent revisions to the city’s Master Development Plan which calls for significant upzoning throughout the city.

66 | Invest: Miami 2017 | NORTH MIAMI being maintained. Streetscaping projects include plans to coordinate roadways, sidewalks, swales, landscaping Larry Spring Jr. and infrastructure improvements within the downtown City Manager, district and along commercial corridors to improve City of North Miami access to businesses, walkability and to further beautify Executive Director, the city. Other projects include the improvement of North Miami neighborhood signage throughout the city, which will have the result of increasing property values, safety and Community sense of community. Redevelopment Agency On the more expansive side of development, in addition to the luxury SoLē Mia Miami project rising on Biscayne Bay, North Miami has been working on establishing its very own Chinatown Cultural Arts and Innovation District. The project will be South Florida’s first Chinatown district, and will encompass 16 city What incentives does North Miami offer to blocks on 92 acres along the major north-south corri- investors? dor of NW 7th Ave. adjacent to , encour- Through the North Miami Community Redevelopment aging tourism, economic growth through commercial Agency (NMCRA) we have a lot of incentive programs development and technological innovation. such as assistance for acquisition, buildout and reno- The city has been working in conjunction with vation grants. Through the NMCRA we are able to help advisors from Florida International University (FIU) pay the county impact fees for businesses in North while bringing in investors and advisors from China Miami. These figures can be high for some of these to be involved in the large municipal project. Elect- businesses and we are able to help them. One of our ed officials from North Miami traveled with members new programs with the NMCRA is tax rebates. We do of FIU for a graduation ceremony at the institution’s it through a tax increment finance agreement where, hospitality campus in Tianjin and to speak to poten- if you bring your business and create a number of jobs, tial investors in the Chinatown project. The project we will give you a rebate of a portion of the property was approved by the city council in early 2016, with taxes generated by the business. a 12-person delegation of potential investors from China visiting in July of the same year. North Miami How are cities such as North Miami setting a good estimates $30 million to $40 million spent on infra- example when it comes to combating crime? structure is expected from private investment. We have seen a reduction in our crime over the past More generally, the city is working with the private several years. Our police department engages in the sector to encourage and facilitate sound real estate community and tries to be responsive to get ahead in areas acquisitions, assemblage, development as well as pub- where we see potential issues. We have added a num- lic-private partnerships. It is incentivizing business ber of resource ofcers into downtown and into the 7th opportunities by fast-tracking permits, providing Ave. corridor. These ofcers will be on Segways so that grants for build outs and renovations as well as prop- they are accessible to the community. Their presence erty tax breaks and tax credits in a variety of areas. creates an air of safety, and they have been successful in stopping crimes. This then creates awareness. Crime has Easy on the pocketbook not been a great issue in our city. Life in North Miami also will not break the bank, with one of the city’s drawing points being that its rental What is your vision for North Miami? market is more affordable than the surrounding areas. My vision is to help internally with the things people don’t From 2011 to 2015, the median gross rent per month see, such as improving our processes and making it easy in North Miami was 11 to 17 percent less expensive to do business. We can provide incentives, attract busi- than other areas in South Florida at $985, compared nesses and provide basic services, but we also need to to $1,112 in Miami-Dade, $1,087 in Fort Lauderdale and attract big projects. We are working diligently to invite $1,191 in Broward County to the north. The market for the world into our city. We want to embrace the past homebuyers is also advantageous, with the median and keep the charm of what was North Miami, with new value of housing units in the same period coming in at developments and businesses. You have the opportunity to $143,400, 30 percent less than in Miami-Dade. The city live, work and play in our city. We are open for business.

www.capitalanalyticsassociates.com | 67 is hoping to attract young professionals and families Larry Rice with its new projects, working toward revitalization to President, increase the young and vibrant portion of its popula- Johnson & Wales tion with more young professionals. University-North Miami The city is encouraging the private sector to build a healthy mix of luxury, market-rate, workforce, affordable and mixed-income housing to be able to meet the needs of all of the city’s current and future residents. The city also works with the public sector to create affordable and mixed-income housing through the Community Development Block Grant Program, Home Investment Partnerships Program, State Housing How can the universities better connect academia Initiative Partnership, Neighborhood Stabilization Pro- with industry to better facilitate praxis? gram and other funding available to the public sector. Generally speaking, all higher education has a desire to create a balance between theory and practice, or praxis. Heading for transportation We know that is how students learn best. From my Connectivity throughout Miami-Dade is a key issue perspective, that is a good reflection of who we are at for all areas. North Miami is in the process of linking Johnson & Wales University (JWU). This is why we have the Tri-Rail Coastal Link network with a station at NE been implementing project-based learning for some 125th Street to better connect the city to the denser time now. Of course, the perfect combination is always urban areas of Fort Lauderdale and Miami and the aspirational, but it is our goal and where we want to be. greater South Florida area as a whole. This would For this, we have been investing our eforts in training help bring people to the city from surrounding areas, our faculty members to better balance both. and ease the commutes of the many North Miami res- For example, if a faculty member is specialized in idents who work in downtown areas. Greater ease of research and theory, we will train him or her to also access for the airports in Miami and Fort Lauderdale, implement practical problem-solving, and vice versa. We giving out-of-state and international visitors direct train our professionals who are specialized in practical access to North Miami is another positive outcome. cases to also give theory the importance it deserves so The city is currently working with the Florida students can maximize their learning opportunities. Department of Transportation (FDOT) to ease and JWU creates partnerships with industry. Our curricu- better coordinate traffic flows along the city’s main lum is designed in concert with industry, which serves thoroughfares of NE 125th St., Biscayne Boulevard, as a great benefit to our students, as well as industry West Dixie Highway, NE 6th Ave., NW 7th Ave. and leaders seeking to hire top talent. NW 119th St. Upcoming projects include providing raised medians and improving sidewalk connectivity What efforts is JWU making to ensure diversity at on 119th Street. Improvements on 125th St. includes the institution? the installation of left turn lanes at NW 2nd Ave. and Diversity is not the end-game. It all begins with diversity. a dedicated right turn lane to access I-95 Safety will I believe that diversity becomes the foundation of any be further improved with features to restrict left turn institution. We have created a campus environment that movements to and from the side streets and along respects diversity in a high level. But I believe that hiring is NW 125th St., upgrading traffic signals and improving just as important. It is not enough to say that we can bring drainage. in students who are reflective of a diverse environment. Design is currently underway for downtown im- We have to be able to introduce them to individuals who provements to NE 125th Street from NE 6th to NE provide that same level of variety. 10th Ave., which will include landscaped bulb-outs, We also integrate diversity into our programs. A good a median, new lighting and landscaping funded by example of this is every year we collaborate with the Mul- an FDOT grant. The city is also participating in the ticultural Foodservice and Hospitality Alliance. Recently, design of improvements to intersections along Bis- the Wall Street Journal published a ranking of diversity in cayne Boulevard to alleviate congestion. On NW 7th the country and JWU came in No. 1 in South Florida and Ave., one lane in each direction is being taken out No. 3 in the nation. This is a reflection of our commitment as part of a “road diet” that will allow for perma- to welcoming a diverse mix of students and faculty. nent on-street parking and additional landscape and

68 | Invest: Miami 2017 | NORTH MIAMI NORTH MIAMI OVERVIEW lighting to enhance walkability. The city is also working with FDOT to install medians and aesthetic features on 135th St. from NW 2nd Ave. to Biscayne Boulevard for safety and beautification. Other transportation projects the city is undertaking include expanding bike paths and integrating them with existing ones to connect to the larger, regional network, while also installing more bike racks to make cycling in the city easier, safer and more convenient. It Rebirth of an agency is also complementing the existing, free NOMI Express In September 2016, the North Miami Community bus service, which is to be expanded with a downtown Redevelopment Agency (NMCRA) was reauthorized trolley circulator to better connect the city’s public by Miami-Dade County for a further 29 years. Com- transportation options. Public-private partnerships missioners voted for the NMCRA unanimously, a move will be utilized to create more public parking facili- that showed absolute confidence in the agency. ties in the parts of the city that are being revitalized, Established in 2005 by North Miami and Miami-Dade, including downtown, while also implementing the NMCRA is charged with eliminating conditions of programs and strategies to encourage shared use of blight that exist within the city and helping to improve public and private parking facilities. the quality of life by developing physical, economic, Increased intra- and inter-urban public transpor- educational, and social resources. The organization tation options will be available to both residents and works over a community redevelopment area of 3,250 visitors and will attract more businesses to the city acres, approximately 60 percent of North Miami. in conjunction with business-friendly city initiatives. Its primary project is the city’s new Chinatown Better-designed and well-maintained road and park- Culture Arts and Innovation District, which will be ing facilities will then allow easy access to the city’s located along the NW 7th Ave. corridor between NE new and existing businesses, increasing commerce 119th St. and NE 135th St. The city sent a delegation and the city’s tax revenues. in conjunction with Florida International University in April 2016 to China for consultations to attract investors Staying well interested in the district’s business opportunities. So North Miami has various healthcare options to choose far, 60 investors have come to North Miami to tour the from, including the Miami Beach Community Health area. It is the first municipality to pass legislation that Center North location and Jackson North Medical delegates land specifically for a Chinatown district. The Center, part of Jackson Medical Systems, the Villa Ma- new district’s master plan will be released in June 2017. ria Nursing Center, a Borinquen Medical Center, as The city’s work to secure a station for the new well as urgent care and walk-in centers, such as a MD Tri-Rail Coastal Link rail network is in line with its priorities Now Urgent Care Walk-In Medical Centers and Wal- to better connect North Miami along the South Florida greens Healthcare Clinic. corridor to provide better access to local businesses Miami Beach Community Health Center North is and increase freedom of movement for its community. part of the Florida Department of Health. The center Infrastructure and business incentives are not the offers immunizations, clinical and nutrition services, whole picture, as the city also undertakes workforce wellness programs, community health planning, development to connect residents with skills-training environmental health, emergency preparedness and programs. These include educational opportunities, response and infectious disease services. business retention and expansion to supporting local Borinquen Medical Centers have grown to become a businesses through grants, technical assistance, Comprehensive Primary Health Care, Dental and Be- business surveys and organizational resources. havioral Health Center serving Miami-Dade. It offers The NMCRA is also active in identifying businesses to primary care such as internal medicine, obstetrics open in North Miami through site selection, marketing, and gynecology (OB/GYN), including delivery, family public-private partnerships and incentive funding. The planning, nutrition, psychiatry and substance abuse city’s marketing works to create a sense of place by services; specialty care such as podiatry, optometry, utilizing branding and marketing strategies to positively speech language and communication disorders treat- promote the area. These eforts are preparing the ments, and specialty services such as laboratory work community to actively take part in the city’s growth as and X-rays. The center also includes a pharmacy. skilled workers and new business owners.

www.capitalanalyticsassociates.com | 69 NORTH MIAMI OVERVIEW

Founded in North Miami more than 40 years ago, series was filmed. It also offers waterfront access for the Villa Maria Nursing Center is one of the most filming. Some of the projects filmed in North Miami recognizable health institutions in North Miami. The include HBO’s “Ballers,” “The Kardashians,” “Burn 212-bed facility offers 24-hour care, a fenced, secure Notice” and “Graceland.” There are also a number of campus environment and a range of qualified health- advertising studios. care professionals including physical therapists, There are 18 recording studios in North Miami, and nurses and language pathologists. It is run as part of one of them, The Hit Factory Criteria, was where The Miami-Dade and offers short- Eagles’ “Hotel California” was recorded. In line with term rehabilitative care as well as the city’s history of hosting many long-term care. well-known artists, it is in the The North process of creating a district to be City of arts home to new venues to increase North Miami has rightly earned Miami BrewFest, the space for up-and-coming reputation for creativity and en- features more artists to perform. tertainment over the years, with The 2016 North Miami Com- over 70 music, video production than 30 of munity Redevelopment Agency and post-production businesses (NMCRA) Plan includes an initi- and over 250 entertainment- South Florida’s ative called Music City, which is related businesses. The city fea- best local an entertainment venue district tures a wealth of arts and culture to add to its already robust music venues and events, chief among breweries. recording industry, giving space them being the Museum of Con- to musicians to perform while temporary Art (MOCA), one of only four in the country. increasing residents’ access to entertainment and The museum presents eight to 10 exhibitions bringing in more entertainment businesses. A annually and its permanent collection has some 350 projected $20 million to $25 million has been slated works by established and emerging artist from the for economic development initiatives, including the U.S. and abroad, and also hosts monthly Jazz at MOCA proposed Music City, as part of the plan, which is concerts. The city is in the process of revitalizing the expected to go into effect over the next decade. museum, bringing in new curators and a new director. The city hosts the North Miami BrewFest, which The city also has a bustling movie industry and has features more than 30 of South Florida’s best lo- been called the “Film Capital of the South.” It is home cal breweries and serves up more than 120 different to a Greenwich Studios, South Florida’s largest studio drinks. It has been running for the past five years and facility and where the iconic “Miami Vice” television attracted more than 1,000 people to the three-day

70 | Invest: Miami 2017 | NORTH MIAMI NORTH MIAMI OVERVIEW

future professionals and business and community leaders, including FIU, Johnson & Wales University North Miami (JWU) and in nearby Miami Shores. The North Miami Educational Founda- tion, Inc. and Youth Opportunity Board (YOB) are also located in the city, providing opportunities for contin- uing education and development for youth and at-risk residents. FIU is Miami’s first and only four-year public research university and part of the 12-campus Florida State University system. It is designated as a top-tier institu- tion and emphasizes research as a major component of its mission. The university’s Biscayne Bay Campus in North Miami is its second largest, serving around 7,000 students. FIU offers 280 undergraduate majors, 81 master’s programs and 34 doctoral programs as well as three professional degree programs. JWU is a private, nonprofit and career-oriented university with four campuses in the U.S. Its North Miami campus offers associate’s degrees, 20 bachelor

La Gran Fiesta is one of North Miami’s many events celebrating the of science degrees in programs such as business diverse heritage of the city. management, criminal justice, marketing and software engineering. It is also a leading educator in tourism event in 2016. The festival also has an education- and hospitality management. It also offers multiple al aspect, bringing in academics from FIU and in- MBA programs. dustry professionals to give seminars. The closest Barry University in nearby Miami Shores is a private local establishment is the Brewing Company Catholic institution with a diverse student body of in Miami to the south. Due to the lack of its own local 7,000. The university has more than 50 undergraduate brewer, North Miami has a focus on bringing micro- programs that include accelerated bachelor’s programs breweries to the city, actively recruiting three, includ- design for working adults, and more than 50 graduate ing the Descarga Brewing Company. Mishka Vodka is programs. also moving production from New York. The North Miami Educational Foundation, Inc. was established in 2012 and endeavors to help economically Building minds disadvantaged residents in the area achieve educational North Miami is home to a range of education organi- success. It provides scholarships for night school as zations and institutions of higher learning preparing well as English as a second language (ESL) courses.

Jimmy Tate President — Tate Capital

I appreciate the outside-of-box thought process in regards to the proposed Chinatown project. In my opinion, it will create an economic boom for the west side of the city if the proposed concept is properly designed and professionally implemented. The key for its success is authenticity. They need to make sure that this themed designation district remains true to itself and the original intent. The city must control the commercial uses within this new Chinatown district to keep it real.

www.capitalanalyticsassociates.com | 71 NORTH MIAMI OVERVIEW

North Miami Youth Opportunity Board works with the city’s business-friendly initiatives and public-private city to bring in local high school students for summer partnerships, capitalizing on its existing industries internships in multiple fields. It will start a partnership while bringing in new ventures. in summer 2017 with the Miami Dade College Founda- “Being in the restaurant business for 20 years, it is tion to offer Hispanic and black men scholarships to go really refreshing to see how a city is willing to support back to school with annual summer internships. local businesses to redevelop areas.” Cory Finot, co-owner of local French restaurant Café Crème Healthy environment told Invest: Miami, adding “Nobody believed that a Since 50 percent of North Miami sits below the flood- restaurant would survive in this area. Now, it is a Mi- line, the city has many environmentally friendly initia- ami hot spot.” tives to lessen its impact on the environment and help Transportation and infrastructure improvements counter and promote awareness of climate change. and expansion are both increasing interconnectivity The city’s Green Business Rehabilitation Grants pro- and quality of life through beautifying the city, help- gram aims to both meet environmental goals and cre- ing to create a greater sense of pride in community. ate economic opportunity. The development of the “city-within-a-city” of SoLē The citywide program provides up to $5,000 in Mia Miami and the new Chinatown will create a wealth matching grants to businesses to encourage the in- of commercial, retail, entertainment and residential stallation of energy-efficient appliances, replace old opportunities serving new and existing residents and light bulbs or light fixtures, fund solar panels, impact an increase in outside visitors. windows, insulation, A/C units, rooftops and other Initiatives to counter climate change will help en- improvements. The intended economic impact of this sure that the city remains safe and productive for years program includes reducing energy costs and creating to come without being negatively affected by wasteful new employment opportunities. energy use and its effects on the environment and sea North Miami is also an Arbor Day Foundation-desig- levels. North Miami looks set to experience a popu- nated Tree City USA. The program helps “communities lation and business boom due to the projects already manage and expand their public trees” and maintain underway and those to come. an urban tree canopy to help stave off climate change with the added effect of beautifying communities and Capital Analytics would like raising property values. to thank the City of North Miami for its contribution in Looking ahead compiling this chapter. To The future for North Miami will see expanded business learn more, visit their website www.northmiamifl.gov and increased employment opportunities through the

72 | Invest: Miami 2017 | NORTH MIAMI